Qatar Petroleum (QP) on Monday snapped up its first significant international stakes in unconventional oil and natural gas resources in an agreement with ExxonMobil Corp. to become an equity holder in the Vaca Muerta formation onshore in Argentina’s Neuquén Basin.
Articles from Shale
Southwestern Energy Co. has asked the Pennsylvania Superior Court to reconsider an opinion issued earlier this month that could find unconventional oil and gas producers liable for subsurface trespass, arguing that a two-judge panel misunderstood crucial facts and claiming the case is of “national significance.”
The co-tenancy legislation that passed during this year’s regular session in West Virginia is generally expected to aid natural gas development, but exactly how significant its impact will be remains unclear.
Democrat Conor Lamb declared victory this week with only a few hundred more votes than his opponent in the shale country congressional race in southwest Pennsylvania. The seat has been held by a Republican for more than a decade, but the results may be unofficial for weeks.
The upward trend of oil and natural gas production out of the nation’s seven most prolific onshore unconventional plays, which began more than a year ago, is likely to continue in April compared with March, according to the Energy Information Administration (EIA).
Houston-based Tellurian Inc. is testing support to build a 42-inch diameter natural gas pipeline that would connect up to 2 Bcf/d of Haynesville and Bossier shale volumes to customers in southwestern Louisiana.
U.S. onshore natural gas and oil production is predicted to move higher in March from February in nearly every one of the seven big fields, the Energy Information Administration (EIA) said Monday.
U.S. crude oil production, boosted by record high output in Texas, reached 10.038 million b/d in November, the highest level since the record 10.044 million b/d achieved in November 1970, according to the Energy Information Administration (EIA).
Higher natural gas prices and more new wells last year are likely to help raise Pennsylvania impact fee collections from shale gas producers for the first time in three years, according to the state’s Independent Fiscal Office (IFO).
Shale deposits on land, declared off limits to industry in 2014, are rich enough to replace Atlantic Canada’s depleted offshore natural gas production network, says a fresh review by government scientists.